DoorDash to lay off 1,250 employees as CEO says costs grew too fast
admin Food-delivery platform DoorDash Inc. plans to lay off about 1,250 employees, becoming the latest technology…
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Meta follows Twitter in making major job cuts
From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major…
Read MoreBiden anti-hunger plan enlists gig companies — whose workers sometimes go hungry
President Joe Biden’s strategy for ending hunger in the U.S. by 2030 is being funded…
Read MoreProp. 30: Millionaire tax to help fund EVs headed for defeat in California
In an apparent loss for ride-hailing giant Lyft Inc., Californians on Tuesday night were on…
Read MoreLyft rides price increases to record revenue, but stock still sinks
Lyft Inc. attracted fewer customers in the third quarter than Wall Street expected, but record-high…
Read MoreDoorDash orders hit all-time records as growth continues; stock shoots higher
DoorDash Inc. handily beat third-quarter revenue expectations and reported all-time highs in total orders and…
Read MoreLyft lays off 13% of workers in second round of cuts this year, maintains financial guidance
Lyft Inc. is laying off 13% of its workforce, which amounts to 683 jobs, in…
Read MoreDoorDash earnings: What to expect
DoorDash Inc. is scheduled to report third-quarter earnings Thursday afternoon, after the close of markets…
Read MoreUber stock surges as company beats revenue estimates, despite $1.2 billion loss
Uber Technologies Inc. stock rose sharply Tuesday morning as the company’s third-quarter revenue climbed 73%…
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Lyft loses $1.1 billion in market value as stock plunges to all-time low after analyst downgrades
Analysts hailed Uber Technologies Inc. as their ride-sharing preference Tuesday as Lyft Inc. posted quarterly…
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